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https://www.autoweek.com/news/green-cars/a40930346/bmw-m-quad-motor-i4-m50-prototype-ev/ BMW i4 M50 Quad motor Will Lucid's Quad motor be on the market soon as well?

NYT article on EV charging networks. https://www.nytimes.com/2022/08/16/business/energy-environment/electric-vehicles-broken-chargers.html?smid=url-share Key points: The money also comes with a requirement that chargers be functional 97 percent of the time and adhere to technical standards...

Page 71, Aug 9. However, it is the only Red VIN issued since 2 were issued on June 16. Large gap, with no explanation makes everyone else question the production abilities of Lucid. Patience will be rewarded.

You will need us tax liability of $7500 to claim the full credit That translates to around $47000 in US taxable income, for 2022, for a single filer, head of household. Google to see if it is restricted to US residents

Schedule a phone call to talk to DA., very efficient.

Also have to consider interior options and delivery location. Problems keep popping up as different input materials suddenly become unavailable or bottlenecks arise in PDI or transport. It is a big puzzle for this young company to manage smoothly.

I don't like links that require a sign up to view. Please post the article.

VIN received today. March 23 confirm, Zenith Red 21" Mojave. Car entered general assembly today with an estimated 3 to 7 week delivery to Riviera Beach. If I wanted to take delivery in NJ there would be an additional delay due to congestion at Goose Island.

Not Exactly It is worth the read. https://taxfoundation.org/inflation-reduction-act Details & Analysis of the Senate Inflation Reduction Act Tax Provisions Preliminary Revenue and Economic Estimates Net Revenue $304B Long-run GDP -0.1% Wages -0.1% FTE Jobs -30,000 Source: Tax Foundation General...

Source? No need to smuggle anything from Taiwan. They reprogrammed software to use fewer chips per vehicle, but production was still cut due to Shanghai lockdown.

So the government tax increase will cause inflation? It can, but here it drains money and jobs from the private economy. It is estimated that the bill would cost 30000 jobs.

Yes it does. Corporations do not pay taxes, they collect them. Taxes are just an input cost. Higher taxes especially on manufacturing in the proposed bill, will cause corporations to raise prices, which is a tax on all consumers and labor, as higher prices imply lower sales and revenue, and a...

It is also convenient that you are close to the factory.

No Zenith Red VINs since June 16. The tracker had had little to track lately. Can't wait for the spin on production guidance tomorrow.

Why only 33% of the tax credit? Don't you get the full $7500 no later then April 15? Lessor (Lucid) gets the tax credit if you lease. They have indicated a cost reduction of the full amount so the lease price will be 7500 less than the cost of the financed vehicle.

To get around the income cap people will have their employed children or straw buyers purchase vehicle. A single person with an income of $47000 or more qualifies for the full $7500 EV credit.

Confirm date is what matters, yours is March 24. You should get a VIN soon as they appear to be catching up, after a long delay, on the Greys. I am using the Lucid definition of soon, meaning anytime from today until the VIN arrives via email. You should have your car in October, like many...

Thanks for posting. I would cut all the annual production estimates sharply. Recent experience for all EV companies is dismal. In particular, for Lucid, 2022 was to be 25000, then cut to 12-14000, the number will most likely be cut again, at the earnings call, to 7000? There are only 5 months...

I think the contract calls for 5000/year with an option for another 5000/year, for a 10 year period. The allocation of the deliveries between the 2 factories was not specified, as far as I could determine. One can assume that the SA factory will fulfill the bulk of the contract.

Not gonna create an account to read. Copy and paste it. Whatever Lucid estimates for vehicle production, cut it in half, then cut it again. For 2022, was 25000, then 12-14000, next week it will be 7000? Can't trust production estimates from any EV manufacturers.